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Mad Catz Interactive (Mad Catz Interactive) Sloan Ratio % : -51.72% (As of Dec. 2016)


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What is Mad Catz Interactive Sloan Ratio %?

Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

Mad Catz Interactive's Sloan Ratio for the quarter that ended in Dec. 2016 was -51.72%.

As of Dec. 2016, Mad Catz Interactive has a Sloan Ratio of -51.72%, indicating there is a warning stage of accrual build up.


Mad Catz Interactive Sloan Ratio % Historical Data

The historical data trend for Mad Catz Interactive's Sloan Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mad Catz Interactive Sloan Ratio % Chart

Mad Catz Interactive Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.03 -38.73 -25.42 11.25 -6.16

Mad Catz Interactive Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.43 -6.16 -24.93 -28.33 -51.72

Competitive Comparison of Mad Catz Interactive's Sloan Ratio %

For the Computer Hardware subindustry, Mad Catz Interactive's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mad Catz Interactive's Sloan Ratio % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mad Catz Interactive's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Mad Catz Interactive's Sloan Ratio % falls into.



Mad Catz Interactive Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

Mad Catz Interactive's Sloan Ratio for the fiscal year that ended in Mar. 2016 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2016 )-Cash Flow from Operations (A: Mar. 2016 )
-Cash Flow from Investing (A: Mar. 2016 ))/Total Assets (A: Mar. 2016 )
=(-11.62--6.349
--1.883)/55.003
=-6.16%

Mad Catz Interactive's Sloan Ratio for the quarter that ended in Dec. 2016 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2016 )
=(-11.437-0.381
-9.796)/41.788
=-51.72%

Mad Catz Interactive's Net Income for the trailing twelve months (TTM) ended in Dec. 2016 was -7.263 (Mar. 2016 ) + -4.793 (Jun. 2016 ) + 4.08 (Sep. 2016 ) + -3.461 (Dec. 2016 ) = $-11.44 Mil.
Mad Catz Interactive's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2016 was 5.49 (Mar. 2016 ) + 3.823 (Jun. 2016 ) + -10.168 (Sep. 2016 ) + 1.236 (Dec. 2016 ) = $0.38 Mil.
Mad Catz Interactive's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2016 was -0.158 (Mar. 2016 ) + -0.198 (Jun. 2016 ) + 10.404 (Sep. 2016 ) + -0.252 (Dec. 2016 ) = $9.80 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mad Catz Interactive  (OTCPK:MCZAF) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Dec. 2016, Mad Catz Interactive has a Sloan Ratio of -51.72%, indicating there is a warning stage of accrual build up.


Mad Catz Interactive Sloan Ratio % Related Terms

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Mad Catz Interactive (Mad Catz Interactive) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 4400, Toronto, ON, CAN, M5J 2T3
Mad Catz Interactive Inc is a Canadian company which is engaged in designing, manufacturing, marketing and distributing interactive entertainment products marketed under Mad Catz (gaming), Tritton (audio), and Saitek (simulation) brands. The company's products include headsets, mice, keyboards, controllers, specialty controllers, and other accessories. It caters to gamers and simulation enthusiast across multiple platforms including in-home gaming consoles, handheld gaming consoles, PC (Personal Computers) and Mac computers, smartphones, tablets and other smart devices. The company distributes its products through various retailers around the globe. Mad Catz derives the majority of its revenue from Americas.
Executives
Karen K Mcginnis director, officer: President & CEO INSIGHT ENTERPRISES INC, 1305 WEST AUTO DRIVE, TEMPE AZ 85284
Thomas R Brown director 15378 AVENUE OF SCIENCE SUITE 100, SAN DIEGO CA 92128
Morris Perlis director C/O COUNSEL CORPORATION, 700 - 1 TORONTO ST., TORONTO A6 M5C 2V6